Latest posts of: justdimin

Quote from: jeraldskie11 on August 23, 2023, 12:55:29 PM

Quote from: ryzaadit on August 23, 2023, 12:11:16 PM

Copy-trading just like the same (VIP) Group Trade on Telegram ~XD

The different this is on (website), just read a few things word on the website. Any word like (pump) being mentioned, from my perspective is gonna to be avoided. It's just give a bad vibes + most the service only want to sell their service provider.

Agree with you, but copy-trading is way better than that. You can be able to determine who is the trader. You can also the see their previous performance in trading. All the traders passed a test before they become eligible to be a master trader, so you can assure that they are not scam. In other words, copy-trading is more transparent which is really good if you want to trade using their signals.

Even if they are profitable traders, they will also experience loses since they can't control the market movement. Since you have the authority to decide, choose the best trader.

That should not really be the case if you want to have a long term profit. If you trust a trader then you are not going to be sure if their previous profit was a fluke or not, they might get a few good trades and paint you a good picture and you will trust them and invest into them and you are going to end up losing money because of them as well.

However, if you end up learning more about trading and end up trading yourself, even if you make a loss you will be able to check why you made a loss and see the problem and you are going to end up getting better and better at it. Of course it is not that simple of a job and you should be more careful about it but as long as you let it happen, I do not think that it will get any worse if you personally do it.

Quote from: Franctoshi on August 24, 2023, 12:24:54 PM

You are really using a suitable approach to trading the market because your style of trading shows that you are considering risk management factor which is one of the key factors to succeeding in the trading world. This is the same approach that I've been using lately, and it also works out fine.

One thing with most traders who usually lose money in trading is that they forget that keeping that capital alive is paramount because that's gonna keep you staying in the trading business. If you are a good trader that applies proper risk management you will barely blow your account despite how bad the market is.

As long as you check every possible outcome, you are going to be ready for them and it is not going to hurt you on the long run. I understand that it may not be the ideal situation you want to see, but that is going to be the case for most veteran traders.

There are two options, either you are going to trade like a newbie and hope for a huge return, which most of the time ends with losing a lot of money, or you will be like a veteran and get a short little uptick which you could be at least certain about. I think it's better to have that little short uptick in income constantly and consistently, that way you will make a good return without a doubt, it should be the most important thing in your arsenal to keep doing it all the time.

Quote from: CarnagexD on August 23, 2023, 01:43:04 PM

Totally get where you're coming from! Well if what you're aiming for is independent trading, trusting your own instincts and strategies in this ever-changing crypto and forex scene makes total sense. The market's wild swings can be hard to predict. Trading is also one of the hardest profession in the world. Learning from losses and evolving as a trader is the real deal. And you're spot on, those copy traders might not always be the gurus they claim to be. You're not learning when you're just copying. But if you just want to make money with the person's analysis you trust, then go for it.

It is the only way to trade for me, I would never consider any other method to make money and I understand that some people may consider it as an option but for me it will never be a valid option. I think it should be important to make as much difference in crypto to yourself than any other person.

If you trust yourself and improve yourself and just give time to yourself as well then eventually you are going to be something good. That doesn't mean that we are not going to end up with a bad result, it should be important to remember that we are going to make some profit with it if we keep giving yourself to studying how to trade. If we have no idea, we are going to be just trusting others and that will end up with a loss.

Quote from: tokeweed on August 24, 2023, 12:51:17 PM

I waited for all the dust to settle before getting another chart up itt. So yeah, 28k support broke and as I said a couple of times before next support is around 25k.

We saw it last as resistance which BTC broke out to around March 15 - 16 and got retested as support around June 14 - 15. So it looks like now it's being retested again. Not really sure if it holds or not esp after seeing how 28k got broken down easy, but for now the long bottom wicks look promising. Stay safe out there guys.

But by the looks of it we are up in the last day? I mean if there is a support that was broken, by that logic we could also have a resistance that can be broken as well can't we? If that happens that means we are going to end up with a result where the price goes up, and should be something to care about as well.

I understand that some people may not enjoy that situation but that is the reality and we should be considering it as a good thing. I know that life is not that simple, but we could still just hold it as long as we can and hope that resistance is broken instead of support. We have gone down enough, I think it's time for us to start going up a bit more and make a profit, time has come for that to start.

Quote from: traderethereum on August 24, 2023, 01:11:44 PM

Quote from: WatChe on August 24, 2023, 11:32:55 AM

Who knows where Bitcoin price may end this year, it may go to 69k$ or may drop down below 20k$. We must stop thinking that what Bitcoin price will be after a certain period of time rather look for a long term investment. We cant predict with certainty that what price of Bitcoin will be after a certain period of time but as a Bitcoin investor we are certain that price of Bitcoin will go up with time. Buy Bitcoin and HODL, you will get good return in the long run.

We better hope bitcoin price will increase and reach $69k before the end of the year as the possibility for a huge increase is still there.
We should not be pessimistic about the current situation because this is only temporary and everything will change for the better.
And don't worry if the price stays like it is for a while, even if it has to be until the end of the year, because later we will see the price of bitcoin will increase again.
The important thing is that we can still HODL bitcoin until our target price is reached.

I do not think that we should be hoping for that, it would be way too much for it to get there and I think it would be smarter if we could end up with a different approach. It should be causing it to get to a point where we could make a greater profit later on if we keep it going, and I know that it will not be simple but it should be possible at least. I know that we are going to end up with a good return on way or another and as long as that exists, it shouldn't really be a big deal.

I think the best thing in this case is to hope it ends higher than what it is right now, it doesn't have to be 70k, it just has to be over 30k, and as long as that happens, we are doing fine. Aim for realistic levels to be happier.

Quote from: fauzan Ichsan on August 24, 2023, 06:28:17 AM

Quote from: davis196 on August 24, 2023, 05:53:46 AM

In theory, some deflationary and scarce asset like Bitcoin should be able to always outperform the levels of inflation.
In reality, the Bitcoin price has ups and downs and there's a possibility for it to crash in times of high inflation.
Many people claim that the Bitcoin price movement is cyclic, which means that we always have to wait for the next high wave of the cycle(when the price hits another ATH).
Just don't sell when the price goes down and wait for the upcoming ATH. Inflation is good for BTC, because "money printer goes brrrr..." and this creates more demand for Bitcoins. Grin

Investment in bitcoin cannot be bound by time and formula, but does take advantage of the waves that occur. it's different with inflation where it's possible that it can multiply as OP talked about, but for bitcoin to be able to beat inflation at a certain time if it penetrates a new ath and we sell it, maybe it will be several times, but it's different if we sell it in a bearish season, it can happen instead we will lose to inflation, it can be said to beat inflation because of the growing adoption of bitcoin, thus increasing its price

I think it's hard to just sell bitcoin as soon as it goes over the ATH price, that doesn't mean that it will stop going higher. It is true that we are going to have some sort of trouble if we keep holding it for too long, because eventually it will start to go down but that doesn't mean that we shouldn't hold it after it breaks above ATH, we should keep holding it a bit longer than that and see where it can peak, that would make sure that it could go to a better place.

Look at last time, 20k was ATH and it peaked 68k, that means that we are not going to end up being something a bit harder than usual and that should be something to look for and care about. I believe if you hold at least double, you should be fine.

Quote from: mv1986 on August 24, 2023, 11:16:44 AM

I assume that Cryptomultiplier was more referring to the vast majority of so called traders who try to tell people what the bottom is, what the perfect dip is and when we finally have entered a bull run again. But in reality most of that is no better than blindly throwing darts at a dartboard. The number of people who are making gains from long-term day trading, shorting markets and using leverage is tiny. It is a small percentage of people who literally dedicate 24/7 to get their trades right most of the time.

But you brought up so called support levels and this is where the first big issue arises. What does any of those identified support levels help you when uncertainty hits and Bitcoin experiences a major blow because of an unexpected event? How many short positions from experienced high volume traders get squeezed on a regular basis? People say that those who lose even as experienced traders didn't show a sufficient level of self-control, but the fact rather is that they can't control for everything and day-trading makes you money only when you are in the market. But the risky tails of the probability distribution are what can kill significant positions from any trader.

That is true, all of them are making a prediction and they are not really making that profit neither, not the one they claim at least. They show you the good trades that they make, and hide the bad ones they made, that way you could see the 10 trades that made me 100%+ return, but not see the 50 trades I made a loss on.

This is why it's quite important to learn about it yourself since that would guarantee that you will make some profit. I do not think that it will be that hard, it should be not impossible to learn how to trade and if you can do that then the return will be amazing. Hopefully it will become something that is important and should be great for you when you start to make a lot of profits from it as well.

Quote from: DrBeer on August 23, 2023, 02:14:52 PM

I believe that corruption and its "derivatives" are at the root of economic problems. No, there are still options, of course... but I will dismiss the global idiocy and dementia of the government

As sad as it may sound - but corruption is the worst poison for the economy. I am not pleased to talk about it, but the truth is more important, in my country, Ukraine, today's government has brought corruption again, almost to the level of "ideology of power", as it was under President Yanukovych.... And this is still at a time when the country is being subjected to external terrorist aggression.
I won't say it, but corruption has penetrated very deeply into the economies of South America. When I've traveled around the world, I've often been to South American countries. Brazil, Argentina, Chile, Ecuador, Dominican Republic. and others. And everywhere, talking to the local population, I have heard that corruption in their countries is almost "part of the culture". It's very bad. Without the elimination or global reduction of corruption, it will not be possible to "boost" the economy. If there is corruption, neither the dollar nor bitcoin will help. Corruption is a kind of "black money hole", it drags the budget money with terrible force.... And only "pennies" are left for the economy

That is the reason why all these talks of "conservatives vs liberals, socialism vs capitalism" and all that sucks, there is no point on that. You know why? A nation with conservative rulers who are legit and want to make the country a better place will make it a better place, but also a liberal nation with rulers who are not corrupted will be good too, a capitalist nation will be good without corrupt and so will a socialist one.

It is not the political agenda that the rulers have, it's the corruption. If a nation has a government that is not corrupted and actually thinks the best of their citizens, then that nation will be better no matter what their political ideology is, that part is irrelevant and will always be.

Quote from: Crypt0Gore on August 21, 2023, 12:00:15 PM

I now always envy those who are always contented with what they have or what they have accomplished, I was like this years back until something changed within me, I feel like I am not trying enough and the result is not getting satisfied no matter what I do.

This is why I believe that nothing comes for free in this world we are living in, there is always something to pay for when you engage in everything, the more we seek the more we will remain unsatisfied.

Now I can't even go back to the way I used to be, my happiness was unlimited, and I hardly had a frown face, always happy, but as I grew up into a man I went cold, now that I have something going on in my life I don't want to stop and it's scary whenever I think about it.

You can always change the perspective anytime you want. I have changed it to duration and not the end result. If you keep thinking about life like path you need to take and when you reach your goal that's the end destination where you need to arrive, then there will be more and more paths to come in the future and you will never be happy with reaching your goal.

However, if you change your perspective to enjoy the ride, then you will realize that you will not end up being upset when the goal is there, you will be happy that another ride will come along. I work hard that's true, but I also enjoy working hard, it is not the results and the profits of working hard "eventually" gives you, it's the hardwork itself that should be joyful.

Quote from: Wend on August 21, 2023, 10:02:32 AM

Quote from: Afnan_faizah on August 21, 2023, 12:39:46 AM

I don't want to believe in any conspiracy, I think the volatility is still okay. based on my experience, bitcoin is always like this, very unpredictable and at the end it will amaze us. I think we don't need to worry about bitcoin whether it price will fall again or not. I prefer like to believe that btc will gain more and more adoption, so the price will tend to rise.

Your thinking is simple but it is true, but people always want to complicate things to prove that they are brilliant. We all know bitcoin is volatile and unpredictable, so why do we always find excuses to blame when bitcoin is volatile? And what problem will that solve for us? Instead, we should take advantage of the opportunity to buy because we all want profits and profits only come when buying low and selling high. I also think that this is just a market movement.

There are two types of people in the crypto world, one type thinks that making money is easy simple as seeing a "tip" from some twitter influencer and buying it and getting rich, which we all know that it is not possible and it would be a miracle if you could ever do that.

The other type is making it so complicated because they think it is not going to be simple to make money from it. To make it simple, if you buy 10 thousand dollars worth of bitcoin right now, when bitcoin becomes 1 million dollars, that would be 400 thousand dollars. When would it be 1 million dollars? Maybe in 2 years, maybe in 5, maybe in 10, but it will get there and there is nothing else that can turn your 10k into 400k at the same time as bitcoin can.

Quote from: asriloni on August 21, 2023, 04:23:08 PM

Quote from: j1792 on August 20, 2023, 08:02:36 AM

Privacy is a necessary feature in my opinion, but why hasn't Monero become a main coin?

People didn't really care with privacy these days. The reality is that hundreds of millions of people used a centralized exchange site that required verification and it can be hard to accept. Monero was very effective when it comes to the P2P transaction.
It's actually a useless coin when you were trading it on centralized exchange site as your identity known by the exchange site. The privacy coin is not popular anymore. People prefer to get utility instead of privacy coin.
Privacy is not necessary and it depends on yourself. Using an exchange site is easier to withdraw or deposit money to crypto than using p2p, even if you value privacy coin.
So many privacy coins are dead now. Government is also the main reason people are willing to use centralized exchange site. They can be sued money laundering purpose.

THIS! This is such an important thing that people do not realize enough, it's very important to make sure that we are seeing something that would be much better and people could do a bit more interest to it. There is no logic that people would want to give their KYC to exchanges but then hide their money at monero, it's obvious that we do not care about it anymore and we will probably keep on not trusting it neither.

Just go on about your day like nothing happened if you trust that monero is good, just keep buying it, but things changed and we are not caring about it all that much. We willingly give our information to places in order to start using them, if we are that much sure about it then why would we want to change anything.

Quote from: Odusko on August 22, 2023, 06:18:54 PM

We are in a dip correction cycle that can neither be called a bull market or a bear market since the price of Bitcoin which is the major market determinant has shaded off some good percentage of its price which forced other coins to follow the same market pattern so waiting for the next market approach, which could be in whichever ways this can possibly be one of the tough time for cryptocurrency investors who don't have the long term approach to their coins holdings and are only speculators for the short term market.

That is true, we can't really call it bear or bull, we can certainly not call it bull looking at the price, but we can definitely not call it bear neither even though it's down. Too many people call it going to be wrong because the reason they call it is because they see it go down but not all the price drops could not be considered bear market, that one is something that takes some time and I think we should be more careful about it for sure.

I get that it's not understandable to have it change anytime now, but it should not be simple neither. I get that it will be tough, but it should be ok to have it and we could be calling it just regular stuff without a trouble and we could make it work the way we want it to be.

Quote from: Tipstar on August 23, 2023, 01:19:35 PM

Young people are willing to take more risks as compared to older generation. They are quick at adopting new technologies and learning new knowledge. They have better idea about what the future of finance and technology would be like. So, they naturally see a good scope in crypto space both financially and as an integrated technology.
They with their calculated risk can be more successful than their average older generation. And with advanced financial instruments in their hand, they can reshape the future of finance and financial structures.

I would guess that the main reason for that is the fact that older generation could work and get something with their money, the world is filled with old generation people who worked at paper mill and bought 2 houses, one for winter and one summer vacation house.

The sad truth is that we are not going to end up with that, it is not going to be possible and we are going to end up with a result where it is not going to be possible for us to buy even a single house as a PHD if we want. That's the difference, you could be a high school drop out in 60's and work at some stupid job and buy a house and a car, you could be a PHD that is making ton of money and not be able to buy a house. Hence why the new generation works with more risk.

Quote from: Rupok on August 22, 2023, 01:58:03 PM

2025 Bitcoin will definitely have an upswing. Although currently the price of Bitcoin is the highest but for 2025 the price of Bitcoin will reach the highest peak in the cryptocurrency ecosystem and blockchain or crypto. Then the number of Bitcoin transactions and investors will increase. Bitcoin investors at present and those holding Bitcoin in 2025 will definitely benefit. Every investor is confident in Bitcoin and Bitcoin will always move above its own current value. As we have already noticed that some countries have declared Bitcoin legalization, 2025 is still far way then Bitcoin users may increase and more countries may declare legalization.

I agree, because of the halving the timing of 2025 seems like it is going to be an important one and we are going to end up with a good result without a doubt. I understand that some people might be against it overall but that doesn't change the fact that we are looking at something great right now.

It should be remembered that we are going to end up with a result that will be much better on the long run and it should be getting to a point where it will make sense to see it go up. Of course it is not that easy, not like we are going to just go straight up from here until then, there will be down times like these days along the way, we need to make sure to trust it to go up in order to survive these down times as well.

Quote from: _BlackStar on August 21, 2023, 10:08:54 AM

The economy is not doing well - so I can't expect everyone to keep up their enthusiasm for investing in bitcoin. Even if some of the users here say they bought it - but I believe they are more likely to be lying to themselves.

Some also buy - but only if they have an income higher than their monthly living expenses. A person who is able to save $100/month monthly income cannot be expected to invest it in bitcoins. They need to adjust their monthly needs and expenses - so of course they will avoid investing more. I'm just not denying that some people here are lying - but that's up to them.

Economy doesn't need to do badly in order to enjoy bitcoin, it's obvious that it's a good thing and we just need to make sure that we give it the good attention that it deserves. When you look at the situation you will realize that the foundation fiat currency is built on is shaky, and we are seeing why it's bad right now, but even if we didn't see it do badly, we could see how it could do badly when there are so many red flags about it, whereas bitcoin is a much better one and I bet that it's going to do even better.

This is why it's quite important to focus on how to make money from it, and if we could keep doing it then we are going to end up with a good result without a doubt, that's how it's done and that's how we are going to get it.

Quote from: Bitcoin_people on August 22, 2023, 04:45:30 PM

If we see Bitcoin at $173,566 in November 2025 then your prediction will be correct and we hope so. We know that every four years there is a Bitcoin market halving and we can assume that the bull market will happen in 2024/25 when we will definitely reach this position. Looking at your prediction we can expect Bitcoin to peak in 2025 and set a new record once again. Although there is currently a lot of speculation about how much Bitcoin's value will rise in the future, many have predicted that it will peak in 2024. If the peak is reached in 2024 then surely 2025 will be a good position for Bitcoin market. And it's hard to say how certain your prediction will be, but we expect Bitcoin to reach this level in November 2025.

I can't say that it will be at that price, that is too precise for me to make it work but at the same time I think it's quite important to remember that we are going to end up with nothing at all. I think it's quite important to see it go up and as long as it keeps going higher that means we are going to end up with a return for sure.

It should be remembered that we are going to make some profit, and in order to keep making that profit we need to keep it going as long as possible. I understand that life is not simple, so this 173k is not going to be exactly what the price will be, we can't know that, it's not possible. However, we can say that it will be higher, much higher than today, and that is good enough reason to invest.

Quote from: YOSHIE on August 22, 2023, 02:52:34 PM

Quote from: cafter on August 15, 2023, 12:43:24 PM

Can anyone explain how interest rates influenced the past halving's impact on bitcoin's price and whether this could challenge the expectations of a price increase in the next halving?

Indeed interest rates are always associated with investment, of course the two have something to do with each other, low interest rates can make investors busy choosing to invest, hoping to get big profits.

Of course interest rates can affect investment, if you look at it from the side, as below.

I agree, interest rates are not the only reason but it is also not nothing anyhow, its going to matter. We could see it change and in order for us to see it change, we need to first see the halving. Without living at least 1+ year of halving, we can't say if interest rates will have any impact on it or not, we could make assumptions but we can't exactly know what's going to happen, and we should reach to a point where its a lot better and we can do a lot better with it as well.

This is of course a situation that will take some time, but it is still possible and it could make it worthwhile as well. Live to see it is the greatest result checker, because it already happened in that moment and you get to see if it was true.

Quote from: bangjoe on August 21, 2023, 03:25:31 PM

Quote from: Xampeuu on August 21, 2023, 03:57:21 AM

I am also learning to get trading for a living, but until now even though I already have theory and techniques and chart reading, I am still at war with my psychology which is still very unstable. even though I know what I shouldn't do, I still get used to breaking it, so it ends badly. I don't know, although I often learn to control myself, but in fact it's difficult and hasn't been successful until now. It turns out that it is not easy for day trading, because you have to master complex knowledge to respond to market movements every day

Because indeed the most intimate in trading is mental, because it is the most important basis if you want to be a day trader, I think it is the main fundamental for you friends.
And you need to remember that building a trader's mentality takes a long time, knowledge and understanding only affects a little in terms of cycological, encouragement of fear and greed will be greater at the beginning of being a trader, you still need a lot of time to educate your mentality friend.

I don't think you have to immediately switch professions, you should do it slowly with a small margin so you understand how you should be against your market fluctuations and feelings, if you feel able to control yourself well then the right decision for you to increase your time in trading.

Mentally being ready, feeling cold and robotic, is the best way to trade. I know a lot of traders and I mean professional traders who do this as a job and make a good income, and they all end up trading based on just statistics and nothing more. If you could mentally be ready to trade that way then there won't be any issues and you will do fine.

I think it is important to remember that you are going to end up with a big loss if you do not end up losing money and in order to be better at it you need to focus on how you could trade with logic. Using purely just logic and strategies to make a profit is a great way to make an income and yes there are a lot of people who fail to do that but I think it can be done.

Quote from: Plaguedeath on August 21, 2023, 03:04:39 PM

Not sure how this thread is stay in Trading Discussion when the @OP talk about speculation.

Well it has been expected Bitcoin price will hit the lowest in 2023, then it's recovery phrase in 2024 and then bull run will happen in 2025. There's nothing new and people who believe in Bitcoin super cycle already have such thought.

I would guess that you are going to trade based on that speculation so maybe that? I feel like it is going to be just a talk so people do not really care about it all that much. I think it is quite important to make the difference between them of course but if you are trading based on speculation then it is sort of related to each other at the root and that is why people do this kind of stuff.

In the end, we are going to see it go up if you ask me and when I say this, that means it is related to trading as well, I say its going to go up, but I also mean that you should buy right now and sell next year, when I say buy and sell like that, that means you are going to make a trade and that suddenly becomes related to trading.

Quote from: Plaguedeath on August 21, 2023, 03:15:34 PM

Sounds like go big or go home phrase which mostly related to gambling, trading isn't same as gambling.

If you want to maximize risk taking then you can borrow money to buy shitcoins and buy the most cheap shitcoins especially it's still not listed in any exchange. It's either really huge or nothing, if you're failed, then you will not able to pay back the loan and feel regret everyday.

I agree, this type of logic definitely hurts a person when they want to trade, there are a lot of people who end up trading like they are gambling, they max out the risk and they hope for a great return, and most of those people end up with a loss.

There are a few good examples that made some money, and because of that they keep showing that example of "what about this!!" but the reality is that those are exceptions and you will not make money that way. Hopefully people will one day realize just buying bitcoin, and keep buying it with saved money from your salary, and keep doing that for many years, will get you rich enough that you do not have to do anything crazier, that alone would be good enough for you.